Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out. News Join us on social networks Cryptocurrency exchange Coinbase narrowed its net loss to $2 million in the third quarter, as inotched a year-on-year increase in revenue despite lower trading volumes. The firm’s net loss in Q3 was trimmed …
Continue reading “Coinbase narrows loss while crypto trading volumes fall in Q3”
The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement. News Join us on social networks Marathon Digital has begun mining Bitcoin (BTC) using power generated from methane gas siphoned off a landfill. The 280-kW off-grid pilot project is operating in …
Continue reading “Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project”
U.S. Attorney Damian Williams called Bankman-Fried’s crimes “a multibillion-dollar scheme designed to make him the king of crypto” and one of the biggest financial frauds in American history. Breaking news Join us on social networks Former FTX CEO Sam Bankman-Fried was found guilty of all seven charges by a jury in his criminal trial in …
Continue reading “Sam Bankman-Fried found guilty on all 7 charges in FTX fraud trial”
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Ripple announced on Nov. 2 that the XRP token has been approved under the Dubai Financial Services Authority (DFSA)’s virtual assets regime. That approval means that virtual asset firms will be able to make use of XRP if they are licensed within the Dubai International Financial Centre (DIFC) area — a special economic zone and …
Continue reading “XRP gains approval from Dubai Financial Services Authority”
The trial of Sam Bankman-Fried (SBF) entered a pivotal phase on Nov. 3 as the prosecution delivered its final rebuttal to the defense’s closing argument before the jury began its deliberations for a verdict. The jury has begun deliberations to reach a verdict by the end of the day, but it is unclear if they …
Continue reading “SBF Trial – Jury begins deliberations as closing arguments conclude”
Coinbase has discontinued access to its staking services in the U.S. state of Maryland, according to an email sent to affected users on Nov. 2. In a copy of the email shared by TheCryptoTengu.eth, Coinbase said that affected users could no longer stake additional funds effective immediately. The crypto exchange also said that it will …
Continue reading “Coinbase suspends staking services in Maryland”
Coinbase has released its shareholder letter for the third quarter of 2023, ending September 30th. Total revenue was $674 million, down 5% from last quarter. Net revenue was $623 million, down 6% sequentially. The company posted a small net loss of $2 million and generated positive Adjusted EBITDA of $181 million for the third consecutive …
Continue reading “Coinbase Q3 revenue falls 5% to $674 million, but still beats expectations”
The power of artificial intelligence has been harnessed to bring music lovers across the globe a final song from the legendary band The Beatles. The track, titled “Now and Then,” is the band’s last song written and sung by John Lennon, developed and worked on by Paul McCartney, George Harrison, and Ringo Starr, and now …
Michael Saylor, founder and executive chairman of MicroStrategy, discussed his company’s Bitcoin investments during an interview with CNBC on Nov. 2. Saylor first commented on his company’s total holdings of 158,400 BTC, stating: “You can never have too much Bitcoin … we’re big bitcoin bulls.” He next discussed the possible approval of a spot Bitcoin …
A widely followed crypto analyst says that Bitcoin (BTC) is entering an “explosive” phase as the king crypto’s long-term metrics reverse course. In a new thread, pseudonymous crypto strategist TechDev tells his 420,200 followers on the social media platform X that one signal comes around every 3-3.5 years which points to “several months” of growth …
A widely followed crypto strategist is declaring the bear market officially over, laying out bullish paths for Bitcoin (BTC) and altcoins alike. Crypto trader Michaël van de Poppe tells his 670,300 followers on the social media platform X that he expects altcoins to follow BTC in reaching new yearly highs. “Bitcoin breaks out and reaches …
The Commodity Futures Trading Commission (CFTC) says that most of the tips called into its Whistleblower Program in 2023 involved crypto. In a statement, CFTC Commissioner Christy Goldsmith Romero says the agency received a record-breaking 1,530 tips through the Whistleblower Program this year. “As a former Inspector General who knows firsthand how important whistleblowers are, …
Continue reading “CFTC Commissioner Says Majority of Tips in Whistleblower Program Involve Crypto”
Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.” News Join us on social networks The United States National Institute of Standards and Technology (NIST) and the Department of Commerce are soliciting members for the newly-established Artificial Intelligence (AI) Safety Institute Consortium. Participate in a new consortium for evaluating …
BTC price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on Bitcoin. Markets News Join us on social networks This week Bitcoin (BTC) price came within a hair of the $36,000 mark, before abruptly reversing course and correcting to $34,250. After a …
Continue reading “Bitcoin price cools off, but ‘You can never have too much Bitcoin, says Saylor”
